AndrewNatter
Long

GBPJPY 4hr chart 2 long opportunities

FX:GBPJPY   British Pound/Japanese Yen
6 months ago
Two long opportunities on this chart, one more aggressive with a massive Reward to Risk (almost 6:1) and one more conservative.

Trade 1 = trend continuation stops behind 160.15 swing low shoot for retest of highs around 163.70 area almost 6:1 reward to risk

Trade 2 = Bullish cypher with the standard stop and targets
6 months ago
Trade closed: stop reached: Both trades would have resulted in a loss, hopefully only one of the options was traded per trader as they are different methodologies (trend continuation vs. consolidation pattern)
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